Anthropic is preparing a potentially historic Nasdaq IPO, likely for mid-November, with investors targeting a valuation of $1 trillion to $1.5 trillion. Tuesday’s midterm elections nevertheless reinforced political opposition to artificial intelligence and data centers, with local communities rejecting related ballot measures in 40 of 41 cases. More than half of voters said data centers influenced their congressional choices, while 71% of survey respondents said they did not trust big technology companies to act in society’s best interest on such developments. Anthropic has committed about $895.4 billion to compute and infrastructure, an exposure likely to intensify public scrutiny. The developer of the Claude models will therefore face greater financial transparency and a difficult task of rebuilding trust amid a broader crisis of confidence in technology companies.
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